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 Which Countries Are Trying To Create Their Own Digital Currency

Which Countries Are Trying To Create Their Own Digital Currency

August 05, 2021 09:04 PM AEST| By Suhita Poddar

The worldwide crypto market is growing at the fastest pace than ever before, and the Covid-19 pandemic has sparked discussions among countries and central banks on whether they should issue digital currencies of their own. The cryptocurrencies had.....

 Robinhood fails to win investors on NASDAQ debut

Robinhood fails to win investors on NASDAQ debut

August 05, 2021 08:45 AM CEST| By Team Kalkine Media

Summary The share price of Robinhood Markets Inc on its first day of trading closed at US$34.82, which is 8.36% less than the Company’s initial public offering price of US$38.00. Robinhood Market Inc shares are trading on Nasdaq under the.....

 What’s happening in APAC markets today?

What’s happening in APAC markets today?

August 05, 2021 07:00 AM CEST| By Furquan Moharkan

The equity markets across the Asia Pacific (APAC) region were mixed on Thursday, with Japan and Australia basking in the green, China mixed and South Korea in the red. Investors were closely tracking the Hong Kong-listed shares of firms related to t...

 How is TRON different from Ethereum? Where to seek TRON in NZ?

How is TRON different from Ethereum? Where to seek TRON in NZ?

August 05, 2021 01:47 PM AEST| By Sonal

TRON is a decentralised blockchain platform that offers a platform where content creators can access their clients directly from every part of the globe without any assistance from third parties. Launched in 2017 and founded by Justin Sun, TRON&nb.....

 Tencent CEO Pony Ma has US$14 billion wiped off his fortune; here’s why

Tencent CEO Pony Ma has US$14 billion wiped off his fortune; here’s why

August 05, 2021 04:48 AM CEST| By Furquan Moharkan

Ma Huateng, also known as Pony Ma, is the founder and Chief Executive of Asia tech major Tencent Holdings Ltd. Mr Huateng is among the top six richest Asians – just one rank below Jack Ma of Alibaba Holding Ltd. But he seem to be running out o...

 Robinhood shares rally 100% this week

Robinhood shares rally 100% this week

August 05, 2021 03:09 AM CEST| By Furquan Moharkan

Shares of California-based American financial services company Robinhood Markets Inc (NASDAQ:HOOD) have rallied 100% in the current week, as the stock surged by a whopping 50.41% overnight in Wall Street. During the day, the trading of the company&r...

 These 10 European companies are taking business world by storm

These 10 European companies are taking business world by storm

August 05, 2021 02:02 AM CEST| By Jasmine Anand

Summary Europe being a technically advanced continent, boasts some of the biggest companies across the globe, which are also leaders in their respective market segments. Nestle, a consumer goods company, has a huge variety of products liked by .....

 US stocks slip on weak jobs data

US stocks slip on weak jobs data

August 04, 2021 03:04 PM PDT| By Sanjeeb Baruah

The blue-chip S&P 500 and Dow Jones Industrial Average declined from the previous close, and the tech-heavy NASDAQ Composite closed flat on Wednesday, August 4, after weak jobs data failed to enthuse the investors in a lacklustre session marked b...

 Will current changes at crypto exchanges influence bitcoin prices?

Will current changes at crypto exchanges influence bitcoin prices?

August 04, 2021 10:12 PM AEST| By Kamalika Ghosh

With the growing crackdown on crypto market across the globe, the UK’s Financial Conduct Authority (FCA) recently in June announced a crackdown on Binance, which is the world’s largest crypto exchange by trading volumes. The UK regulato.....

 Are these Bitcoin wallets cream of the crop in New Zealand?

Are these Bitcoin wallets cream of the crop in New Zealand?

August 04, 2021 05:32 PM AEST| By Sonal

Summary A Bitcoin wallet is an electronic wallet that can be accessed through a private key. There are many forms of Bitcoin wallets that can cater to different needs of security, accessibility etc. Mobile, web, desktop, hardware and paper are.....

 Online Scams: UK consumers clueless on how to avert frauds

Online Scams: UK consumers clueless on how to avert frauds

August 04, 2021 09:31 AM CEST| By Kamalika Ghosh

A recent report by Which? has stated that the UK’s biggest banks are failing to provide proper support to fraud victims, leaving them feeling vulnerable and abandoned at a time of crisis and exposed to future scams. In last one year, as per a.....

 OCR hike imminent as NZ jobless rate falls to 4%

OCR hike imminent as NZ jobless rate falls to 4%

August 04, 2021 07:57 AM CEST| By Manika

The unemployment numbers showed a better-than-expected drop in the second quarter on the back of a strong economic recovery and the shortage of skilled and unskilled labour. With rising inflation and strong employment numbers, will the Reserve Bank.....

 “The Wild West” - US SEC calls for crypto regulation

“The Wild West” - US SEC calls for crypto regulation

August 04, 2021 03:30 PM AEST| By Daniel Paul Johns

Summary The Chair of the SEC, Gary Gensler, told a global conference that the crypto industry is filled with fraud, claiming there are currently many coins which aren’t even registered. Gensler has called upon extra Congressional authorit.....

 APAC markets mixed: ASX200 tries to shed policy blues, China tech tumbles

APAC markets mixed: ASX200 tries to shed policy blues, China tech tumbles

August 04, 2021 06:30 AM CEST| By Furquan Moharkan

Sentiments in the equity markets across the Asia Pacific region were mixed on Monday as investors got mixed cues from different countries. Morgan Stanley Capital International’s broadest index of Asia-Pacific shares outside Japan traded 1.46%...

 Deadlier than Spanish Flu? Global COVID-19 caseload tops 200 million mark

Deadlier than Spanish Flu? Global COVID-19 caseload tops 200 million mark

August 04, 2021 04:53 AM CEST| By Furquan Moharkan

The ongoing COVID-19 pandemic has breached yet another unwanted milestone in its one-and-a-half-year life: more than 200 million people have contracted the virus. Yes, on Tuesday, as the world reported 601,293 fresh daily cases and almost 10,000 dai...

 Are these 8 NZX utilities stocks worth exploring in 2021?

Are these 8 NZX utilities stocks worth exploring in 2021?

August 04, 2021 04:17 AM CEST| By Roma

Summary Talks are underway about the construction of the world’s largest green hydrogen plant. The New Zealand business of Tilt Renewables has been acquired by Mercury NZ. Trustpower Limited offers strong results in its operational updat.....

 What do we mean by medical billing and coding?

What do we mean by medical billing and coding?

August 04, 2021 04:03 AM CEST| By Tripti Joshi

Summary Medical billing and coding help healthcare facilities manage insurance claims, invoices, and payments. In medical coding, the billable information is extracted from clinical documentation, and medical billing uses those codes to generat.....

 US markets edge higher on earnings optimism

US markets edge higher on earnings optimism

August 03, 2021 02:46 PM PDT| By Sanjeeb Baruah

Benchmark US indices closed higher on Tuesday, August 3, boosted by gains in healthcare and technology stocks and optimism about strong quarterly earnings of blue-chip companies. The S&P 500 was up 0.82% to 4,423.15. The Dow Jones gained 0.80% t...

 RBA to cut bond buying program by 20% after a month

RBA to cut bond buying program by 20% after a month

August 03, 2021 09:02 AM CEST| By Furquan Moharkan

The Reserve Bank of Australia (RBA) will trim its bond purchase program by 20% after a month despite the need for more liquidity in a system which has been hit hard by the COVID-19 pandemic. The Australian central bank said that it will purchase gov...

 Why Nigerian Government Is So Concerned About Bitcoin

Why Nigerian Government Is So Concerned About Bitcoin

August 03, 2021 04:57 PM AEST| By Kamalika Ghosh

Summary  According to Paxful platform, Nigeria is now the second country with the most Bitcoin trading transactions after the US. As per a Statista survey, 32% of respondents in Nigeria actively use and trade in cryptocurrencies. Experts .....

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